Slide 1: 2015 Third Quarter Revenue
2015 Third Quarter Revenue 22 October 2015 Jacques Gounon Chairman & Chief Executive Officer The world leader in rolling motorways The reference in respect for the environment
Slide 2: Continued growth in revenue
Eurotunnel Group Continued growth in revenue Group revenue at €334M, up by €10M (+3%*) Increase in Fixed Link revenue of +2% to €260M • Solid revenue growth for Shuttle Services (+3% to €172M) Truck Shuttle volumes down 1% Car Shuttle volumes down 1% Increasing yield • Railway network reve
Slide 3: Group revenue
Group revenue 3% growth in Q3 2015 In €M +3%* 324 334 Europorte +6% 260 Fixed Link +2% 3 * All comparisons with 2014 are made at the average exchange rate for the first nine months of 2015: £1=€1.378 and excluding MyFerryLink
Slide 4: Maritime activity
Maritime activity in Q3 2015 MyFerryLink The world leader in rolling motorways The reference in respect for the environment
Slide 5: MyFerryLink
MyFerryLink Service discontinued on 1 July 2015 20 August 2012: • Launch of MyFerryLink’s commercial service 9 January 2015: • The Competition Appeal Tribunal (CAT) confirms the decision to prohibit MyFerryLink from operating the ferries from the port of Dover, with a 6-month notice • Eurotunnel
Slide 6: Rail freight activity
Rail freight activity in Q3 2015 Europorte The world leader in rolling motorways The reference in respect for the environment
Slide 7: Europorte
Europorte Continuing momentum In €M Q3 2015 Variance Q3 2014* Revenue 74 +6% 70 Continued growth in revenue Ramp up of activities in the UK with Network Rail New contracts signed with K+S and Total Petrochemicals France 7 * All comparisons with 2014 are made at the average exchange rate for th
Slide 8: Fixed Link Concession activity
Fixed Link Concession activity in Q3 2015 Eurotunnel The world leader in rolling motorways The reference in respect for the environment
Slide 9: Fixed Link
Fixed Link Increase in yield In €M Q3 2015 Variance Q3 2014* Revenue 260 +2% 254 o.w. Shuttle 172 +3% 167 o.w. Railway Network 84 +1% 83 o.w. Other 4 Ns 5 Shuttle revenue: increase in yield Railway Network: increase in high-speed passenger volumes, low inflation 9 * All comparisons with 2014 are
Slide 10: Fixed Link: Increase in migrant pressure during 2015
Fixed Link Increase in migrant pressure during 2015 Significant reinforcement of measures taken by Eurotunnel • Increased security resources • New High Security Fencing: 29km long and 4m high • Vegetation clearing: 56 hectares to be cleared • Extending space for UK Border Force Increased support
Slide 11: Rail freight network
Rail freight network Business disruptions due to migrants Number of rail freight trains 33% decline in number of rail freight trains due +9% to migrant intrusions on SNCF-Réseau Frethun site -33% Eurotunnel to provide its expertise to SNCF- Réseau (erection of high security fences and tree felli
Slide 12: Passenger Shuttles
Passenger Shuttles Record market share Car volumes (‘000s) 864k cars transported in Q3 2015, -1% vs Q3 2014 +3% -1% Short Straight market growth impacted by migrants: -6% in Q3 2015 Growing market share over the period: +260bp at 48.4% (51.9% ytd) Average yield continuously improving 13k c
Slide 13: Truck Shuttles
Truck Shuttles Yield continuously improving Truck volumes (‘000s) 350k trucks transported in Q3 2015, -1% vs Q3 2014 +6% -1% Short Straight market growth impacted by migrants: -1% in Q3 2015 (vs +8% in H1) Stable market share over the period at 36.4% (37% ytd). Average yield continuously imp
Slide 14: High-speed passenger trains
High-speed passenger trains Confirmed momentum Eurostar passengers* (‘000s) Steady rise in number of Eurostar passengers: +3% +2% +2% in Q3 2015 May 2015: direct service to Lyon & Marseille New rolling stock e320 under test: 20% increase in number of seats per train (vs e300) 1m passengers e
Slide 15: ElecLink
Eleclink An electricity interconnection FR-UK Added-value for the Channel Tunnel and development of strategic infrastructure Interconnection of electricity networks in Europe • ElecLink, joint venture Eurotunnel Group/Star Capital Partners (49/51%) • 1,000MW interconnection between the UK and FR
Slide 16: Contact investors & analysts
Contact investors & analysts: Michael Schuller Jean Baptiste Roussille Corporate Finance Director co-Head of IR co-Head of IR 00 33 1 40 98 04 81 00 44 1303 288 719 Jean-baptiste.roussille@eurotunnel.com Michael.schuller@eurotunnel.com World leader Leader mondialin depiggyback l’autoroutetransport f